Green Building Materials to be Valued at $234 Billion by 2019

The green building materials market, valued $106.32 billion in 2012, is expected to reach $234.77 billion by 2019 at a compound annual growth rate (CAGR) of 12.5 percent during the 2013-2019 forecast period, according to a Transparency Market Research report. The report, Green Building Materials Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019, says the global green building materials market is driven by factors such a positive effect of green building on human health, government support, shift toward green building and rising demand from construction industry. The report can be purchased here.